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The Great Surge of Everything Is Coming...Be Prepared

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  • čas přidán 9. 04. 2021
  • What country do you think has had the fastest growing stock market in the world over the last12 months?
    Is it the united states? Well thats a good guess, as the stock market has seen gains of more than 50% in the last 12 months, which is about 41% more than normal.
    How about china? Well, the shanghai composite index has done well, growing by over 25% in the last 12 months, which is about 20% higher than its normal year.
    Or what about Japan? Well, they’ve seen their stock market grow by about 50% over the last 12 months, which is about 45% higher than normal.
    Yet...despite all of these countries having record amounts of growth in their own stock markets, they all pale in comparison to that of zimbabwe.
    You see, if you had invested in the Zimbabwe Industrial index 12 months ago, you would have seen a return, of an astounding 481%.
    As you can see, zimbabwe is crushing its competition, and maybe this might be signalling that something disturbing is happenings with every stock market around the world
    Well, you see...just over a decade ago, zimbabwe was going through one of the worst episodes of hyperinflation in history. This was when they had a peak inflation of 89.7 sextillion percent per year. And that was just a smidge high to say the very least.
    So, the country adopted new currency standards by 2009, and then soon after, zimbabwe actually had a fairly fast growing economy. For the next 4 years, it averaged 15% GDP growth per year, which was then followed by a much slower but steady growth rate of about 3% per year up until 2018.
    But then in 2019, Zimbabwe entered a recession after a drought and ensuing famine hit the country, followed by the government attempting to reform its currency once again. And so the country was in an economic panic. So, it decided to use a tactic that it thought would help keep asset prices afloat, and prevent a complete economic collapse. It decided to print more money. In fact, by january of 2020, 70% of zimbabwe’s dollars had been created within the previous 12 months.
    This injection of currency did help keep zimbabwe’s markets afloat, but what it really did was devalue the currency itself.
    And just a few months later, the pandemic hit. This forced zimbabwe to create even more currency to prevent the collapse of its economy, and as of today, more than 93% of all dollars in zimbabwe, were created within the last 24 months.
    And so, what this really did was devalue the currency in zimbabwe, which artificially sent prices of everything to insanely high levels.
    So, in fact, the reason why zimbabwe’s stock market has sky rocketed in the last year has not bene because the companies or the economy has been doing well, but its because the government chose to artificially devalue its own currency, in order to prevent a market collapse. So in a sense, the gains seen Zimbabwe’s stock market are really just from increasing the money supply.
    But I wonder where they got this idea from.
    Its October 19th, 1987, Wall Street is seeing the stock market crash at a level not seen since the first days of the great depression. The market drops 20% in a single day, and the population becomes worried that this could be the start of a new great depression.
    But Alan Greenspan, the head of the federal reserve, had an idea. Instead of letting the banks and investors fail, he decided to indirectly bail out some of these banks, by injecting liquidity and currency into the markets.
    The was called the greenspan put.
    Essentially for the first time, what he did was bail out the banks and provide investor confidence, by increasing the money supply in the markets. Sound familiar?
    Now, in 1987, this ended up stopped the panic on wall street, and even though it would take 2 years before the stock market recovered from this single day of trading, an economic collapse did not happen and the banks did not fail.
    But, unknowingly, what this also did was signal to the banks and population, that any sort of downturn in an economy or market was bad, and that we should only see perpetual growth forever.
    So over the next decade, banks started taking more risks, investors started using margin a lot more, and many average every day people began investing into the stock market.
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Komentáře • 2,3K

  • @JackChappleShow
    @JackChappleShow  Před 3 lety +323

    A few GIANT things. This is all predicated on inflation. And the US's status as a reserve currency has prevented a lot of the potential downfalls of their currency practices, JPOW just came out and said as long as people believe the US dollar is stable, everything should be fine. Which is...a little worrisome. And as we are seeing now, the US Dollar as a reserve currency is rapidly losing confidence. And the printing of money doesnt help. Thats what this video is about.
    2nd channel: czcams.com/channels/rCZjtBkH4jsWQP7vq-7SUg.html

    • @markj-uk
      @markj-uk Před 3 lety +8

      "The FedR has been knowingly devaluing their own currency for the past 13yrs".... Maybe so but they can afford to print when you consider that despite this the DXY (Dollar currency index) has been trending consistently upwards for the past 13 years.. since March 2008.

    • @markj-uk
      @markj-uk Před 3 lety +13

      "We are witnessing the erosion of the US dollar in a similar way to what we have seen in Zimbabwe" - No, No we aren't. In fact the opposite as my comment above.

    • @steve0680657
      @steve0680657 Před 3 lety +7

      You're not the first to predict weakening/failing of USD. it's still a necessary tool as all commodities are traded using dollars.

    • @1kwithnovideochallenge54
      @1kwithnovideochallenge54 Před 3 lety +2

      Can u do a video on the uk economy and is it rising as an American I am interested

    • @omeryehezkely3096
      @omeryehezkely3096 Před 3 lety +10

      Essentially all countries are printing money. There is no immediate threat of replacing the USD by some other currency.

  • @bf6159
    @bf6159 Před 3 lety +155

    "The candle that burns twice as bright burns half as long" we've burned rather bright.

    • @danno1800
      @danno1800 Před 3 lety +5

      “My candle’s burning at both ends
      it will not last the night.
      But ah my foes and oh my friends
      It makes a lovely light.”
      - Edna St Vincent Milay

    • @redredmane5544
      @redredmane5544 Před 2 lety

      We've been burning the candle at both ends AND in the middle!!!

    • @pissfiss
      @pissfiss Před 2 lety

      Just start a bonfire, add wood later.

  • @unripetomato4312
    @unripetomato4312 Před 3 lety +363

    "if there's one thing we can learn from history, its that we never learn from history"
    -some random guy

    • @edwardtafadzwafusire1842
      @edwardtafadzwafusire1842 Před 3 lety +7

      This random guy talks too much 😂😂😂

    • @nialldoyle8206
      @nialldoyle8206 Před 3 lety +6

      It was Georg Hegel

    • @unripetomato4312
      @unripetomato4312 Před 3 lety +2

      @@nialldoyle8206 thank you. I never knew that

    • @thefinessekid7358
      @thefinessekid7358 Před 3 lety +4

      "History never repeats itself but man always does"

    • @unripetomato4312
      @unripetomato4312 Před 3 lety

      @Alex Jay have you heard of inflation? have you ever learned about how inflation happens? have you ever learned about the always negative way it ends?

  • @anthonyanth8368
    @anthonyanth8368 Před 3 lety +564

    As a Zimbabwean I'm impressed with the depth with which this video has been researched and subsequently made.

    • @HectorHernandez-ec3nd
      @HectorHernandez-ec3nd Před 3 lety +25

      This guy's good, stick around. Thanks to a video i saw of his last year at the start of the pandemic i was able to mentally get ready for what was coming.

    • @resonancefx6994
      @resonancefx6994 Před 3 lety +14

      @J. J. Buy Bitcoin haha.

    • @derbytm3488
      @derbytm3488 Před 3 lety +1

      you are happy that your country got mocked ,scarcism ?

    • @PhinAI
      @PhinAI Před 3 lety +17

      @@derbytm3488, it was not mocked. How can anyone learn if cause and affects cannot be honestly measured? Don't be delusional.

    • @foxbat473
      @foxbat473 Před 3 lety

      @J. J. crisis/inflation could probably not happen as this is speculative but still good, however the last time we had a collapse ordinary citizens simply left the country hence i think we could see another exodus

  • @cislordsoyblue1349
    @cislordsoyblue1349 Před 3 lety +1054

    In Germany, it led to a guy with a funny mustache getting into power.

    • @hondafanboy1856
      @hondafanboy1856 Před 3 lety +40

      Dude was always flailing his arms up and speaking incoherently

    • @americanmade3100
      @americanmade3100 Před 3 lety +103

      @@hondafanboy1856 like AOC

    • @avp2010
      @avp2010 Před 3 lety +12

      My dads mustache wasn't that funny

    • @tillavanrooyen4182
      @tillavanrooyen4182 Před 3 lety +4

      I've almost forgotten about it. Thanks for the reminder, Vlad. I'll be back in no time. I do have some unfinished business to attend to before I leave.

    • @archockencanto1645
      @archockencanto1645 Před 3 lety +45

      Hope he returns.

  • @huarwe8797
    @huarwe8797 Před 3 lety +303

    It's like the winner of a game of monopoly wanting to keep on playing.

    • @tswelopeleseleka9641
      @tswelopeleseleka9641 Před 3 lety

      lol

    • @TheBelrick
      @TheBelrick Před 3 lety +15

      Real life and current story. Company A has a huge client base, turns a good profit, has a long history of selling great products but is currently cash poor. Startup company B has only a history of making losses BUT the US government pumped billions into their shares anyway and drawing down upon this Company B is cash rich. Company B buys a large portion of Company A but only after demanding Company A stops selling its own products and must instead push Company B products through the huge reseller channel... Company B products are utter garbage and are the reason why the company each and every year makes larger and larger LOSSES. But never mind that, their shares have gone up immensely. Capital funnelled into defunct companies which is being used to destroy other companies. This scares the jesus out of me.

    • @rocketsmall4547
      @rocketsmall4547 Před 3 lety +4

      @@TheBelrick im off topic but new cars are built cheaper. the cvt is cheaper to produce and isnt as good as the old auto trans.
      but car price goes up

    • @felixjonson1
      @felixjonson1 Před 3 lety +3

      I mean, this fella has been talking about bubbles for the last 4 years... Guess what though, if you have been spouting that for 10 years and it happens once, that's still an accuracy of 10%, if i get a 30% gain every year for 9 years and lose 50% if the market crashes, I'll still earn more than sitting on my ass waiting for that event to occur. Here's the math (1.3^9)/2= 5. That's still 5 x what i started with

    • @huarwe8797
      @huarwe8797 Před 3 lety

      The way to win a game of monopoly is to be totally ruthless.
      The banker can print more money to prolong the game but eventually there is still only one winner.

  • @northerniltree
    @northerniltree Před 3 lety +197

    The Silver Lining: With toilet paper almost non- existent during a total financial collapse, all those dollars will suddenly gain a new, more practical use.

    • @markcarli8259
      @markcarli8259 Před 3 lety +6

      Noooooooooooooooooo..... Australian bills are plastic. Eooooowwwwwww.

    • @henrystowe6217
      @henrystowe6217 Před 3 lety +1

      Careful. You never know where that money has been

    • @larrytownley2231
      @larrytownley2231 Před 3 lety

      Those will be John Wayne bills, they're rough tough an won't take SHIT off of nobody

    • @diracflux
      @diracflux Před 3 lety

      @@markcarli8259 According to the RBA, you can at least shred those polymer banknotes and recycle them into products such as compost bins and plumbing fittings. Maybe post-collapse we can have composting toilets made from Australian banknotes and won’t notice the smell of our unwiped posteriors.

    • @markcarli8259
      @markcarli8259 Před 3 lety

      @@diracflux Good, very good.

  • @warrenb8228
    @warrenb8228 Před 3 lety +923

    I’ve always wanted to be a billionaire. Soon I’ll get the chance to be a trillionaire.

    • @SmithsnMoz
      @SmithsnMoz Před 3 lety +21

      Did you buy bitcoin too?..😆

    • @basook6116
      @basook6116 Před 3 lety +90

      when hyperinflation happens, everyone can be trillionaire...

    • @bradj6000
      @bradj6000 Před 3 lety +17

      U will be on the street. Trust me

    • @strattuner
      @strattuner Před 3 lety +29

      @@bradj6000 not me i own a motorhome and if you can't move in one hour you own to much,now is not a good time to own to much,leaving is all i want to do,this empire of dirt has lost its allure

    • @kingtrance6826
      @kingtrance6826 Před 3 lety

      @@bradj6000 - Brad J shilling for rubles again joined CZcams one week ago! He changed his name of course and created another new account. Hip Hip Hooray for the foreign 😈 troll! How’s the borscht tasting? 😂

  • @lordkingston
    @lordkingston Před 3 lety +184

    “Where we are going, we don’t need roads”

  • @press2ifyouhate130
    @press2ifyouhate130 Před 3 lety +24

    As a economics student going through a depression which I would call a complete apathy to the current system. I also own a 100 trillion dollar Zimbabwean bill.

    • @PebbleBeachLife
      @PebbleBeachLife Před 3 lety

      Wow, what a time to be an economic student! Don't get better real life scenarios that's happening right now.

    • @richardgrant9590
      @richardgrant9590 Před 2 lety

      Im a Zimbabwe trillionaire too

  • @studentaccount4354
    @studentaccount4354 Před 3 lety +30

    Love this, at around 8 minutes in I am laughing when you said, oh I forgot we aren’t allowed to have a market collapse. That was priceless.

  • @gg-oy7lb
    @gg-oy7lb Před 3 lety +29

    Corona crushes the economic but the stocks goes upp like crazy. Yea sure, everything is good.

  • @amccookwarewithneisha734
    @amccookwarewithneisha734 Před 3 lety +148

    I'm from South Africa. I just subscribed merely because in the world of economics and markets, I'm really dumb and know very little.

    • @anthonyanth8368
      @anthonyanth8368 Před 3 lety +20

      So are we as well. Its good you have an inquisitive mind. Keep it up.

    • @themurph925
      @themurph925 Před 3 lety +7

      Same. If there is a fall to come, it will be good to have the right information to know when to brace for the impact.

    • @fullmetaltheorist
      @fullmetaltheorist Před 3 lety +7

      Better educate ourselves.

    • @paddaboi_
      @paddaboi_ Před 3 lety +6

      same, I'm learning economics at school and it is kind of interesting so I am watching more of it on CZcams

    • @suehowie152
      @suehowie152 Před 3 lety

      Ditto..

  • @LoveThatRod
    @LoveThatRod Před 3 lety +117

    In short - inflation produced by printing, causes asset values to increase - thereby making the growing national debt look smaller in comparison.

    • @ianh9871
      @ianh9871 Před 3 lety +4

      US national debt equivalent to $90,000 per head.

    • @MRtwoTricks
      @MRtwoTricks Před 3 lety +21

      Um the "national debt" is a scam. The federal reserve isn't a part of the government and is a private bank with no oversight. Simply, they are loan sharks. The gov goes to the federal reserve and hands them a porky budget and asks for a loan. The interest on the loan is the debt. Since the unconstitutional adoption, the fed with help from cronies in Washington, has conducted the largest wealth transfer in history. Before, people traded in gold, silver or barter. Paper script was backed by gold or silver but its all gone, sucked up and in return we carry an IOU as legal tender. So go to the mirror and say this to yourself "I'm a debt slave with no wealth or power. I'm the feds bitch."

    • @jimseah7089
      @jimseah7089 Před 3 lety +8

      @@MRtwoTricks as with all things in any system, the game will come to an end someday

    • @MRtwoTricks
      @MRtwoTricks Před 3 lety +9

      @@jimseah7089 no doubt. Natural order for all things to decay. Sad but hey, in a 1000 years, archeologist will find our lasting contribution...red tape

    • @thenormalyears
      @thenormalyears Před 3 lety +2

      @Bill Leonard biden aint coming for your guns but instead many grifters throughout the years have lied to you in order to get donations and sell merchandise, get views on their videos. its all childish nonsense to people who haven't been indoctrinated

  • @dansu3135
    @dansu3135 Před 3 lety +276

    And that is why they are going to digital money...they ran out of ink and paper !

    • @rofl-ing
      @rofl-ing Před 3 lety +1

      Lol

    • @btcbull
      @btcbull Před 3 lety +2

      mugabe *sobs* "you make daddy proud"

    • @jimneysweep9810
      @jimneysweep9810 Před 3 lety +17

      Total control. Switch off your account if you do not comply

    • @OldNavajoTricks
      @OldNavajoTricks Před 3 lety +16

      @@jimneysweep9810 Yup, all transactions traceable, personal habits and haunts logged, any dissent punished by removal of citzen privileges, like travel, housing and eating...

    • @jimneysweep9810
      @jimneysweep9810 Před 3 lety +5

      @@OldNavajoTricks yes and that is those who are left from the big cull

  • @jonatanolsen37
    @jonatanolsen37 Před 3 lety +396

    My investment: some land, a greenhouse, solar cells and guns :p

    • @mike7652
      @mike7652 Před 3 lety +40

      These are solid investments.

    • @konatheblarbarian6869
      @konatheblarbarian6869 Před 3 lety +9

      Wise, but not enough, that's like saying ok do that to me, I guess I'll have accept it and go back to living like my great great grandfathers did, oh well walways me, mmm
      OR you could continue to imagine more you can do

    • @DecemberGalaxy0
      @DecemberGalaxy0 Před 3 lety +19

      get gold and silver to trade with smart locals like you

    • @robertreynolds580
      @robertreynolds580 Před 3 lety +5

      No Slavering, half starved Rottweilers?

    • @danchiengchiengi8581
      @danchiengchiengi8581 Před 3 lety +12

      They'll come for your land! You'll own nothing and you'll be happy

  • @jasonmighty3328
    @jasonmighty3328 Před 3 lety +84

    I think there is a lot more going on than just this.

    • @cvetkojovcevski645
      @cvetkojovcevski645 Před 3 lety +10

      @ jason yes their is , read the Holy Bible

    • @jasonmighty3328
      @jasonmighty3328 Před 3 lety +11

      @@cvetkojovcevski645 what does that have to do with anything?

    • @cvetkojovcevski645
      @cvetkojovcevski645 Před 3 lety +6

      @@jasonmighty3328 well you said you think there is something alot worse then just this , and i said read the Bible . your life

    • @jasonmighty3328
      @jasonmighty3328 Před 3 lety +8

      Yh but you are being so unspecific it's ridiculous. I'm assuming you're referring to Revelations. You being so unspecific I'm assuming you're a troll trying to incite bible mongering.

    • @cvetkojovcevski645
      @cvetkojovcevski645 Před 3 lety +7

      @@jasonmighty3328 yes about revelation ,and if you are not saved run to Christ

  • @poisonfortheweak
    @poisonfortheweak Před 3 lety +16

    I’m out of the stock market and FINE with it. I am moving into commodities like precious metals and physical goods. Be fearful when others are greedy.

    • @user-nf9xc7ww7m
      @user-nf9xc7ww7m Před 3 lety

      They still move the account electronically so when the system goes down, there's no proof you bought anything. Even the gold commercials don't usually sell you bullion to keep in your home, they sell you electronic certificates.

    • @towaritch
      @towaritch Před 3 lety

      Silver is not worth it. I made a heavy loss on the sale of silver coins.

    • @poppapawn7535
      @poppapawn7535 Před 3 lety

      @@towaritch WHY DID YOU SELL ITS LONG TERM WEALTH TO KEEP UP WITH INFALTION

  • @zagros24
    @zagros24 Před 3 lety +150

    Government logic: when shit happens print money.

    • @basook6116
      @basook6116 Před 3 lety +3

      and people suffer

    • @nvmffs
      @nvmffs Před 3 lety +1

      @Hakim Habib Not entirely true. Although Federal Reserve purchases of Treasury securities does not involve printing money, the increase in Federal Reserve's holdings of Treasury securities is matched by a corresponding increase in reserve balances held by the banking system. The banking system must hold the quantity of reserve balances that the Federal Reserve creates.

    • @nvmffs
      @nvmffs Před 3 lety +3

      @Hakim Habib Banks will never turn down buying Treasuries or lending more if they're within their corresponding reserve constraints. In short, printing money does not revive an economy, demand does. The only way that creating reserves (QE) could revive an economy (that I can think of) is if the Fed is keeping (short-term) rates too high and the cost of reserves is limiting productivity that wants to get things done but is unwilling to pay the price. In that case, creating reserves would drive the rate down and borrowers would become increasingly more willing to borrow in order to drive demand. If the rate is already near zero, creating more reserves WILL NOT HELP. The limitation at this point is purely fiscal and trying to fix fiscal policy with monetary policy is why the world finds itself where it is today.

    • @XgiannettoX
      @XgiannettoX Před 3 lety

      Leftards logic

  • @RussellD11
    @RussellD11 Před 3 lety +392

    Go to Home Depot and tell me there is no inflation... Go ahead and build something, remodel your kitchen, replace your roof.... tell me what happens? lol

    • @strellettes8511
      @strellettes8511 Před 3 lety +81

      a 1/2" thick shet of plywood is currently at 54$ canadian where im living. FOR A SINGLE PIECE OF PLYWOOD. How do yo uexpect us to tell a homeowner that replacing their rotten roof is going to cost almost a GRAND for a 50sq foot area

    • @areyoutheregoditsmedave
      @areyoutheregoditsmedave Před 3 lety +71

      Anyone bought groceries lately?

    • @jacobjohnson6766
      @jacobjohnson6766 Před 3 lety +18

      It's not inflation causing that.

    • @smedspets695
      @smedspets695 Před 3 lety +28

      Look at dollar menu at McDonald's or berger king they have 3 things and all over a dollar. It's not much but large different from 10+ years ago

    • @smedspets695
      @smedspets695 Před 3 lety +12

      Also +1 on lumber being retardedly expensive.

  • @Psalm-yg6yi
    @Psalm-yg6yi Před 3 lety +111

    You are forgetting a very important piece of info. "You will own nothing and you will be happy"-The Great Reset 2021-2025. Coming soon

    • @KaitoSchmidtOfficiial
      @KaitoSchmidtOfficiial Před 3 lety +7

      you wont be able to feed yourself and your family :)

    • @Alberto.LIS.Morais
      @Alberto.LIS.Morais Před 3 lety +7

      That's sound a comunist lema, I never expected to hear that from western .....

    • @Psalm-yg6yi
      @Psalm-yg6yi Před 3 lety +15

      @@Alberto.LIS.Morais
      Hahaha I'm quoting them. You do understand that, right?

    • @Psalm-yg6yi
      @Psalm-yg6yi Před 3 lety +9

      @@KaitoSchmidtOfficiial
      Hahaha GOD provides for me and my family

    • @shirleyharris8450
      @shirleyharris8450 Před 3 lety +2

      EVIL PEOPLE!

  • @MegaHobo94
    @MegaHobo94 Před 3 lety +414

    "90% of my viewers aren't subscribers"
    Well thanks for calling me out there Jack.

  • @eclipticchaos9601
    @eclipticchaos9601 Před 2 lety +4

    As a zimbo myself it always interested me to learn about my country's economics which is one of the reasons why I clicked on this video. I feel like Zimbabwe is never talked about and always forgotten about. nice video keep up the the awesome videos!🇿🇼🇿🇼

  • @lucabrasisleepswiththefish77

    Prepare yourselves, it's going to get worse before it gets better. God Bless

    • @nelsoncheng2674
      @nelsoncheng2674 Před 3 lety

      I hope so.

    • @lesterryanmd
      @lesterryanmd Před 3 lety +2

      "before it gets better"? How is it going to get better? Do you also believe in Santa Claus? Good luck!

    • @lucabrasisleepswiththefish77
      @lucabrasisleepswiththefish77 Před 3 lety +2

      @@lesterryanmd No, I don't believe in Santa, I believe in Christ...have faith.

    • @billymiller7482
      @billymiller7482 Před 3 lety +1

      @@lucabrasisleepswiththefish77 i here you. you got that right, god bless trump.

    • @lucabrasisleepswiththefish77
      @lucabrasisleepswiththefish77 Před 3 lety

      @Doji One Hope for the best - prepare for the worst. God Bless

  • @DuyNguyen-lo2mm
    @DuyNguyen-lo2mm Před 3 lety +7

    The only different between the US and Zimbabwe is that US Gov need to pay back the so call "Federal Reserve ( Privately owned company by a few families)" for all those printing IOU.

  • @thegreatanonymous7229
    @thegreatanonymous7229 Před 3 lety +96

    You know it's real when the inflation is 89.7% sextillion percent

    • @nvmffs
      @nvmffs Před 3 lety +2

      % percent?

    • @mistainkredible4055
      @mistainkredible4055 Před 3 lety +2

      I lived through that era. Prices of bread would change 3 or 4 times a day . it was normal for t to go up while in the que . it was bad very bad

    • @THICCTHICCTHICC
      @THICCTHICCTHICC Před 3 lety

      It literally wasn't possible to get Zimbabwean money at currency exchanges because the currency was inventing new notes almost every day

  • @sarcasmo57
    @sarcasmo57 Před 3 lety +23

    The poor are about to get screwed even harder. Again.

    • @ajl8975
      @ajl8975 Před 3 lety +1

      Bro, if this bubble pops the poor will be literally fucking everyone, not even the rich will survive this one. Gonna be mad max out there.

    • @HectorHernandez-ec3nd
      @HectorHernandez-ec3nd Před 3 lety

      @@ajl8975 idk man, i don't think they'll let it get that bad.. if anything it'll be in spurts over a span of a few years. Think 2010 with a decrease in the economy over the span of a decade to self correct

    • @ajl8975
      @ajl8975 Před 3 lety +2

      @@HectorHernandez-ec3nd you’re making two dangerous assumptions: that it will be within the government’s powers to control the crisis, and that if it is within the government’s power to control, that they will be competent enough to control it well. I have strong doubts about both of these assumptions.

    • @Defy_Convention
      @Defy_Convention Před 3 lety +1

      Poor people get food stamps and subsidized housing, the middle class are about to get screwed even harder.

  • @luciusveritas9870
    @luciusveritas9870 Před 3 lety +1

    Thanks for making this. Its a message we can't share enough: money creation is NOT wealth creation!

  • @CodeSwag
    @CodeSwag Před 3 lety +270

    Greetings from Zimbabwe 🇿🇼

  • @nkanyisomlobane1497
    @nkanyisomlobane1497 Před 3 lety +6

    Greetings from Zimbabwe. This is well researched video but bear in mind Zim is an outlier. There's a lot of factors that went into creating our situation that you will never find in the West

  • @codyi5232
    @codyi5232 Před 3 lety +8

    Pro tip: I was recruited by a private intelligence firm after I applied at the DIA and the NSA- the first thing I learned about real economic trend, currency macro is everything. There are hidden market indicators in petrol dollars and the correlation to historical levels of the franc.
    You shouldn’t always trade currencies , but currency trades should always dictate your other moves.

  • @therealpotheadmedia
    @therealpotheadmedia Před 3 lety +55

    40% of all Printed U S money in history was printed in the last 10 months.

    • @nebojsa1976
      @nebojsa1976 Před 3 lety +2

      Nothing was printed. Not one dollar. You got your deposits electronically.

    • @airhead3333
      @airhead3333 Před 3 lety +2

      @@nebojsa1976 shut up it’s a metaphor

    • @gr9879
      @gr9879 Před 3 lety

      @@airhead3333 lol

  • @KK-li1lw
    @KK-li1lw Před 3 lety +22

    Zimbabwe here we come!!!!

  • @erikcorego609
    @erikcorego609 Před 3 lety +4

    Thanks a lot Jack for teaching us the economics in a simple language. Love your videos

  • @vicg5323
    @vicg5323 Před 3 lety +44

    Interesting. In the end its important to have tanglible assets like land and livestock to feed your family.

  • @OmniAtlantic
    @OmniAtlantic Před 3 lety +13

    The world's greed is out off control.

    • @LibertyWarrior68
      @LibertyWarrior68 Před 3 lety

      Only the central bankers greed is out of control, the world is simply ignorant to the criminality.

  • @happyguy2k
    @happyguy2k Před 3 lety +104

    I saw my country flag and had to click 🇿🇼

    • @mercymugomba5113
      @mercymugomba5113 Před 3 lety +1

      Me too... I saw my country's flag and had to watch

    • @kakerake6018
      @kakerake6018 Před 3 lety +2

      Lol I only know Zimbabwe from cricket 🏏

    • @happyguy2k
      @happyguy2k Před 3 lety +1

      @@kakerake6018 visit when you get the chance

    • @fullmetaltheorist
      @fullmetaltheorist Před 3 lety

      @@happyguy2k How is life in Zimbabwe?

    • @happyguy2k
      @happyguy2k Před 3 lety +1

      @@fullmetaltheorist in not in zim, but was born there. But it depends, some have a good life, some struggle but generally people seem happy despite whatever circumstances

  • @emmanuelmahuni8163
    @emmanuelmahuni8163 Před 3 lety +109

    Greetings from a Zim, you have no idea how that inflation was like. A lot of things happened with money that you could only experience in that economy 😂 , cash burning, ahem. This is a great video, thanks.

    • @meganmclaughlin9056
      @meganmclaughlin9056 Před 3 lety +2

      WELL WHAT HAPPENED BRO

    • @emmanuelmahuni8163
      @emmanuelmahuni8163 Před 3 lety +26

      @@meganmclaughlin9056 The Zim gvt had a ludicrous watered-down exchange rate, which was unrealistic compared to the real foreign currency demand. A lot of people ended up living off selling foreign currency on the black market as the gvt secretly bought forex from the black market too for things like critical imports to keep the country running. This was the primary reason for the hyperinflation as they only had to print money to get forex.
      Here is a contrived example of how it happened... So let's say the official exchange rate is at 1USD : 1billionZWD today, but the street and everyone else, including gvt (secretly) at 1USD : 50billionZWD (usually based on real demand and supply). Buying and selling on the black market caused inflation to go higher (and you could profit from it), but that wasn't the actual loophole. The big loophole was a demand based on the different rates for digital settlements. EG: if one sold their USD "cash" to someone and receive their payment as a "digital" transfer (RTGS-real time gross settlement) into their account then the price would be higher, maybe like at 100bZWD. What it just meant was, one would sell their 1USD to receive 100bZWD in their account, then withdraw it from the bank or ATM the same day. Thereby literally profiting 50bZWD in the process if they could get it at a cash price elsewhere... But the initial cash that was sold would inevitably find its way up the chain, fetching more and more at a cash price until it got to the bag dispatchers 😂. These had bags full of freshly printed bills that bought for the gvt who were allegedly dispatched by the gvt to buy forex for them.
      This eventually caused the inflation rate to jump the following day or even within a few hours because the gvt wouldn't stop printing money. At some point the rate would be like official - 1USD : 50billionZWD to 1USD : 500billionZWD, literally the following day.

    • @motionpictures7649
      @motionpictures7649 Před 3 lety +1

      @@emmanuelmahuni8163 ahh..... then what's the price of normal smartphone there, i think 100trillion zwd😸

    • @emmanuelmahuni8163
      @emmanuelmahuni8163 Před 3 lety +14

      @@motionpictures7649 no, things changed in 2009 when the multi-currency was allowed. So as the video said, the ZWD was deprecated. And yes, iPhone was actually waaay above trillions 🤣, quads even. it's complicated 🤦🏽‍♂️😂
      today I hear iPhone 11 is at 215,640ZWD

    • @saiadithya1279
      @saiadithya1279 Před 3 lety

      @@emmanuelmahuni8163 How is the electricity situation now in zim?in harare and rural areas?

  • @jacobcook368
    @jacobcook368 Před 3 lety +16

    I swear to God, anything the government intervenes in turns out to be a disaster.

    • @trocarcat
      @trocarcat Před 3 lety +1

      thats just because the government is made up of people, half of whom don't understand history, politics, economics, laws, language or critical thinking...

    • @oarguello
      @oarguello Před 3 lety

      yeah but mainly because corporations, banks, and financila firms own and tell the govenment what to do for their benefit.... governments that protect and serve the citizenry are doing well and very stable ( denmark and New Zealand for example)

    • @jacobcook368
      @jacobcook368 Před 3 lety +1

      @@oarguello Don’t get me wrong, I would rather live in the US compared to NZ and Denmark. I just wish the US Government would limit their intervention into areas where they are incompetent.

    • @jlea9793
      @jlea9793 Před 3 lety

      I think the US government knows exactly what they are doing. They have been coming up with stimulus packages that do anything except stimulate the economy. It's mostly crap that goes to ridiculous things in our country or other countries. In our country it's working for our downfall in a myriad of ways. Plus, they plan on doing a few more of these impotent stimulus bills. So the money can be laundered back into the hands of the corrupt politicians. This will run the US into the ground while causing a great increase in inflation. They are working hard to make us like China so they can achieve one world order. After the population is reduced to about 500,000 million, elites will live high and openly indulge in their pedophilia and child sacrifices. I sure hope to God and Jesus that this does not happen.

  • @kingtrance6826
    @kingtrance6826 Před 3 lety +25

    I remember watching videos like this over THIRTY YEARS AGO!! Buy an extra can of beans... 😂

    • @lukekrause5005
      @lukekrause5005 Před 3 lety +5

      Well thats just the thing, a total collapse of everything will eventually happen. No one knows exactly when but it will happen, it's a certainty.

    • @kenkrak4649
      @kenkrak4649 Před 3 lety +1

      @@lukekrause5005 Sources? "Trust me bro"

    • @nicholasoliviergendronhepp1475
      @nicholasoliviergendronhepp1475 Před 3 lety +2

      @@kenkrak4649 lol , sources are history . Socrate guessed things that happened nowaday . How ? Story repeat itself over and over again . Maybe im wrong . I honestly hope i am . But last time that such thing happened a guy with a funky stache tried to take over the world . Remember the great depression? It cannot always go up .

    • @lukekrause5005
      @lukekrause5005 Před 3 lety

      @@kenkrak4649 please be bait.

    • @user-fc7kj2hv3w
      @user-fc7kj2hv3w Před 3 lety

      @@kenkrak4649 because bad things eventually happen to everyone everywhere that being said it could be 1000 years from now and since I'm not well versed in economics I won't make predictions of when

  • @masterstacker2833
    @masterstacker2833 Před 3 lety +14

    Soon we'll be following in Zimbabwe's footsteps.

    • @SmithsnMoz
      @SmithsnMoz Před 3 lety +2

      We already are!

    • @flo7717
      @flo7717 Před 3 lety +4

      Zimbabwe got the idea from US

    • @bobcruz2826
      @bobcruz2826 Před 3 lety +2

      It wont be as bad as Zimbabwe. America still produces quite a bit and has good infrastructure. Americans have wealth that is not not tied to the dollar.
      That said, it will get messy. This decade will go down as one of the worst for America

    • @SmithsnMoz
      @SmithsnMoz Před 3 lety

      @@bobcruz2826 ... Look around pal.. ITS A WORLD DEPRESSION !

    • @jacobjohnson2714
      @jacobjohnson2714 Před 3 lety

      @@bobcruz2826 y'know that stock traders routinely buy stocks because "X went down, therefore it must eventually go up"
      And it continues to go down.
      My point is that just because something is going up doesn't necessarily mean it will go down.
      There is no absolute equilibrium, just relative equilibrium.

  • @DeeJay2715
    @DeeJay2715 Před 3 lety +18

    Great video, I just wish more media outlets would report this truth, but alas that would break the unspoken code.

  • @boomshlang
    @boomshlang Před 3 lety +2

    People were starving in zimbabwe, and now they have growth doesn't mean they on the up.....481% of crap is just making more crap.

  • @Enjoymentboy
    @Enjoymentboy Před 3 lety +3

    I've been watching this happen for the past 30 years. Just about everything has tripled in price (food, gas, housing etc) yet the average wage has only gone up by about 10%. Doesn't take an advanced math or economics degree to see what that will cause. The governments and banks gov't care though because their wages always seem to rise equally with inflation. Those who create the problems always seem to be protected from the problems they create while the rest of us are left to pick up the pieces. I've been wishing for interest rate tro rise to 6-7% for a long time but no one who has the power to do so has the fortitude to do it as the average person will ONLY see the extra cost of borrowing and nothing else.

  • @keepitlit1518
    @keepitlit1518 Před 3 lety +5

    Us currency right now: go woke go broke.

  • @ElijahPerrin80
    @ElijahPerrin80 Před 3 lety +279

    Quiet, just pretend and maybe it will be ok lol

    • @nvmffs
      @nvmffs Před 3 lety +6

      Here's believing

    • @traviswright3343
      @traviswright3343 Před 3 lety +15

      I see no end to this game the pattern is clear and it won’t stop until we are completely destroyed inside out by these morons running everything

    • @weignerleigner3037
      @weignerleigner3037 Před 3 lety +1

      Unfortunately that’s the govts actual policy right now haha

    • @alexander15551
      @alexander15551 Před 3 lety +9

      This may actually be what will happen. If people don’t actually believe there will be hyper inflation, they will continue to buy things like normal. When prices increase, they will just wait to buy it until there is a discount; hence reducing demand, lowering prices, and putting inflation in check. However, who knows if that would be sustainable

    • @ericblust5923
      @ericblust5923 Před 3 lety +1

      The FED is not your lord and Savior, no matter how much they Brrrrrrrr......

  • @malbrownie
    @malbrownie Před 3 lety +9

    I’m subscribed and I very much enjoy your videos. And the music. Who doesn’t like a well played Cello.

  • @CMM726
    @CMM726 Před 3 lety +3

    Love your channel! A lot of people don’t understand economics or how the government issue currency and how that affects our daily lives! It’s certainly not taught in schools. Maybe universities, but not in high school. You have to learn for yourself if you want to understand what’s going on.

  • @MrWillcapone
    @MrWillcapone Před 3 lety +48

    We're in for a hell of a ride. Buckle up, buckos !

    • @Denver10215
      @Denver10215 Před 3 lety

      Agenda 2030..... By 2029...people will realize ....

    • @cgkuch4184
      @cgkuch4184 Před 3 lety

      @@Denver10215 no they won’t! Those asleep now will be asleep then.

    • @maxb9772
      @maxb9772 Před 3 lety

      Honestly thinking about everything that will unfold is pretty fucking scary but oh well what can one do against Nero burning Rome

    • @Denver10215
      @Denver10215 Před 3 lety

      @Carlo Monte how's it gonna start in your opinion

  • @peterinstalive1372
    @peterinstalive1372 Před 3 lety +58

    I’ve been calling this financial asset inflation. If you don’t index or allocate to financial risk assets you will become poorer everyday

    • @ndnrb_
      @ndnrb_ Před 3 lety +10

      Gold and land

    • @harrydost8557
      @harrydost8557 Před 3 lety +5

      Truth be told we as investors have all had to go higher on the risk curve to maintain a reasonable return on investment when real fixed income returns are negative. Much depends on your time horizon and whether you can stand the losses of the next downturn before you need to cash out, kind of like roulette.

    • @meganmclaughlin9056
      @meganmclaughlin9056 Před 3 lety +1

      everyone is poorer everyday cause the world sucks worse every day .your one of those special kind of fools yeah.much love big fool.

    • @meganmclaughlin9056
      @meganmclaughlin9056 Před 3 lety +1

      @@harrydost8557 truth be told your a fool to invest in these days,when bubble bursts your worth nothing,and just as broke as me who had a good time and invested nothing.poor people will steal your wife when bubble bursts shit for brains.your just fodder fool.

    • @meganmclaughlin9056
      @meganmclaughlin9056 Před 3 lety

      @@harrydost8557 HARRY TOAST.

  • @Celis.C
    @Celis.C Před 3 lety +2

    Repeating the same action and expecting different results is madness.

    • @ziontrumpet3343
      @ziontrumpet3343 Před 3 lety +2

      It's the snake eating its tail, which is the way the elite recycles economies, using one country before going to the next.

  • @MartinBuzora
    @MartinBuzora Před 3 lety +5

    Great Video on the historical context... I would love to see a video on HOW to prepare.

  • @thumperbumper8428
    @thumperbumper8428 Před 3 lety +29

    When the bubble bursts, I will own the world. This is rather exciting

  • @ancestryfamilyalbums6050
    @ancestryfamilyalbums6050 Před 3 lety +10

    We do not get to choose when we get here. We really do not get to choose when we leave. We only get to choose when we believe. John 3:16

  • @88Xlmk
    @88Xlmk Před 3 lety +2

    I agree with most of what is said, but near the end talking about "China having acknowledged there is a bubble and stabilizing their currency" is a big fat lie. China is in no better conditions monetarily. In fact Chinas currency is stable in any way, because they print just as much as the US, but have blocked the free exchange of the Yuan and have fixed rates.

    • @ziontrumpet3343
      @ziontrumpet3343 Před 3 lety

      Yeah, what will rise from this next crash isn't going to be 1 country - it will be a 1 world government, created with about/into 10 nation states.

  • @turnleft8645
    @turnleft8645 Před 3 lety +13

    Ayo, is that my country Zimbabwe on the thumbnail?
    Nice :)

    • @Jondsmusic
      @Jondsmusic Před 3 lety

      Thank you in advance for your Zimbabwe 2008 AA bond notes. It’s about to change the entirety of the world! 13 million tons of Gold above ground, 132 metric tons below.

  • @blahsomethingclever
    @blahsomethingclever Před 3 lety +5

    We're cruisin' for a bruisin'.
    Classical setup, but one of the most over hyped I've ever seen. My gut says these fragile social structure will fail by not responding correctly to natural disasters, even medium sized ones.

  • @tfat00
    @tfat00 Před 3 lety +23

    481% is a Wednesday in the crypto market. Those are rookie numbers

  • @dannwhitehead6193
    @dannwhitehead6193 Před 3 lety +1

    Today, April 13th, CPI rose .6%, it was more than expected mostly driven by higher fuel costs. Get ready, stuff is about to get more expensive my mid summer.

  • @lesterryanmd
    @lesterryanmd Před 3 lety +2

    Shortly speaking Zimbabwe's economy is very similar to that of the US.
    In 2008 18 trillion taxpayers dollars was given to banks, friends of the politicians, which in turn converted it into 150 trillion dollars derivatives with the resale value of 0, and sold it to the federal reserve bank, thus defrauding the American taxpayers for generations to come, assuring poverty, homelessness, and millions of deaths of desperation: suicides, ODs, alcoholic liver disease.

  • @jasonstallone9072
    @jasonstallone9072 Před 3 lety +56

    After watching this, I salute Satoshi👍 He saw something, none could realise

    • @gordo3582
      @gordo3582 Před 3 lety +15

      That anyone can create an imaginary currency, not just governments? Over 10,000 cryptos and more on the way, I'm sure that will work out great long term!

    • @andyhandyman2118
      @andyhandyman2118 Před 3 lety +7

      Magic,mistic and unknown Satoshi...do you believe in this fairy tale?😁

    • @Lola-cg6yp
      @Lola-cg6yp Před 3 lety +8

      @@gordo3582 It’s actually REAL FREEDOM! Creating your OWN WEALTH. Peer to Peer. It’s actually genius. It’s now time for fiat to DIE.

    • @fredatlas4396
      @fredatlas4396 Před 3 lety

      @@gordo3582 if only we had crystal balls, then we could retire now very comfortably maybe. Argo Blockchain plc's shares went up something like 6000 % or more in 1 year since beginning of 2020. Year low 3.42p year high 312.50p. They are involved in bitcoin mining, whatever that means, I'm not quite sure

    • @byronm.9839
      @byronm.9839 Před 3 lety +6

      @@gordo3582 whether you believe in crypto or not long term, sounds like youre missing out on the easiest money short term! 😭 but as they say, ignorance is bliss.

  • @bobbergin28
    @bobbergin28 Před 3 lety +4

    Excellent video. You have a gift of communicating this subject matter to the masses who need to hear it

    • @jaydenjane6764
      @jaydenjane6764 Před 3 lety

      F•O•R••• A•N•Y••• C•R•Y•P•T•O••• I•N•V•E•S•T•P•E•N•T
      +•1•7•7•8•7•7•0•2•8•3•3•
      •• W•H•A•T•S•A•P•P

  • @ut000bs
    @ut000bs Před 3 lety

    Having currency based on _nothing_ is what got us into the mess we're in.

  • @superpooh715
    @superpooh715 Před 2 lety

    I'm in the United States. I love your videos. Very informative. I subscribed by the way!😊

  • @the93vigor41
    @the93vigor41 Před 3 lety +9

    Good video bro! Hit the nail right on the head!
    Time is running out

  • @BrendonBedeau
    @BrendonBedeau Před 3 lety +11

    As always, great video, very insightful and informative. Outside of 'sell everything' what steps can we take to prepare for this bubble's popping?

    • @richardgrant9590
      @richardgrant9590 Před 2 lety

      Just hope the bubble is full of laughing gas. Inhale deep as it deflates. Laugh yourself all the way to the bank as you pull all your money out and purchase worthless assets like bitcoin because everyone else will be doing the same or similar. As bitcoin goes up from the demand start buying up forclosed land assets etc.Grow food and feed people. They will be hungry.

  • @denise8242
    @denise8242 Před 3 lety +1

    It's called control over us.

  • @cojav9811
    @cojav9811 Před 3 lety +1

    Not sure how or why the CZcams algorithm decided to show me your videos... I am here now though and I like it. Keep up the great work my friend and never change your style because of outside pressure; be self directed and go where you want to go with this because I love the presentation style.

  • @alien332
    @alien332 Před 3 lety +52

    First we had direct goods trade (cattle for wood), then we had golden coin. After that, we invented copper and silver coin. Then we invented printed money. After it, we dont even "want to have" physical, but rather it be on our bank account. Then, totally, virtual, worthless currency. Am I the only one seeing where this is going?

    • @Timsticlestv
      @Timsticlestv Před 3 lety +9

      It's definitely not to go buy bitcoin

    • @wolfpack4128
      @wolfpack4128 Před 3 lety +14

      All currency is worth exactly what people believe it's worth. It matters not the look or delivery of it. Even gold is mostly worthless except for looking pretty and use in a few electronics. Bullets, caffeine, and alcohol. Those are the only things of real value.

    • @hughmungus370
      @hughmungus370 Před 3 lety +21

      🤨 2020: Anyone that says Covid-19 Passports would ever be mandated is a Conspiracy Theorist and their dangerous information must be stopped
      2021: Anyone that says Covid-19 Passports should not be used is a Conspiracy Theorist and their dangerous information must be stopped
      2022: Anyone not having their Papers is a conspiracy theorist and must be stopped...? 🤔🤔

    • @steviesevieria1868
      @steviesevieria1868 Před 3 lety +5

      @@wolfpack4128 bullets, caffeine and alcohol. Lol, you got your priorities! I would suggest housing, food, water, and of course bullets which symbolize the firearms to use them as well. Caffeine and alcohol is worthless except as trading commodity, unless you’re some kind of addict I guess.

    • @alien332
      @alien332 Před 3 lety +1

      @@wolfpack4128 thats not even true

  • @derprocess8296
    @derprocess8296 Před 3 lety +8

    More people need to demonstrate this courage because this video was a risk considering the nature of this platform

  • @robrazzano2905
    @robrazzano2905 Před 3 lety +1

    I hope this gets a lot more views. Good job at explaining a crisis in a concise manner!👍

  • @hesavedawretchlikeme6902
    @hesavedawretchlikeme6902 Před 3 lety +37

    The stock market: high rollers casino. The House always wins.

    • @xgengx7530
      @xgengx7530 Před 3 lety +6

      Don't compare the stock market to gambling casino.

    • @TheFamousMockingbird
      @TheFamousMockingbird Před 3 lety +10

      @@xgengx7530 agreed, doing so is indignant to casinos.

    • @Managing_Me
      @Managing_Me Před 3 lety +3

      Common misconception from people who don't trade: stocks are just like gambling

    • @Salty_Biscuitz88
      @Salty_Biscuitz88 Před 3 lety +1

      I figured you do not know anything about the stock market.

    • @mictrey2267
      @mictrey2267 Před 3 lety

      Yeah, when you invest in single stocks.

  • @mrs.t3669
    @mrs.t3669 Před 3 lety +9

    Revelation 6:5-6 Then I looked and saw a black horse, and its rider held in his hand a pair of scales. And I heard what sounded like a voice from among the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine.”
    Please seek Yeshu/Jesus...we are living in the Last Days.

    • @user-nf9xc7ww7m
      @user-nf9xc7ww7m Před 3 lety

      What does don't harm the oil and wine mean?

    • @user-nf9xc7ww7m
      @user-nf9xc7ww7m Před 3 lety

      Glad I don't buy wheat--gluten free. And I use dollarydoos (not denari), so I'm good.

    • @mrs.t3669
      @mrs.t3669 Před 3 lety +3

      @@user-nf9xc7ww7m It means that the Elites will still have their luxuries while the majority starves due to inflation.

    • @JavierMartinez-gd5dr
      @JavierMartinez-gd5dr Před 3 lety

      😐

  • @Luislkescobar
    @Luislkescobar Před 3 lety +5

    Biggest transition of wealth coming soon for those that invested . One world digital currency in transition . IMF CREATING ANOTHER LAYER OF MONEY THAT WILL BE CONNECTED WITH CRYPTO , which one ? ,Only few will know !

  • @flamzart
    @flamzart Před 3 lety +4

    When everyone makes the money printers go brrr, everything cost more

  • @tom7w
    @tom7w Před 3 lety +6

    Just discovered your channel today and subscribed. I really like your last 2 videos. You remind me of Mike Maloney's hidden secrets of money series. I was surprised to see your script in the description box and I liked it very much, but wondered why it cut off half way thru the video. Could you please add the entire script? I find it easier to watch up top and follow the script on bottom, than following captions. Best regards from Tom in Missouri 🙂

  • @Flipfinder_uk
    @Flipfinder_uk Před 3 lety +6

    Most people invested in the markets are already extremely wealthy so the average joes who aren’t bear the brunt of inflation on consumer goods while the rich profit off the rising stocks caused by the dollar printing

    • @ryancraigt
      @ryancraigt Před 2 lety

      Including the fact that 99% of the printed money goes to the ultra wealthy that they use to leverage even harder with.

  • @kerrynball2734
    @kerrynball2734 Před 3 lety +4

    It's a crash where the prices go up.

  • @morganangel340
    @morganangel340 Před 3 lety +1

    money printing only hurt L053R countries.... not uncle Sam.
    the FED can just print money until the end of time, because:
    AMERICA IS THE GREATEST COUNTRY IN THE WORLD
    debt is only a problem when you have to EARN money, not when you can PRINT them.

  • @dominant_muqtadir5080
    @dominant_muqtadir5080 Před 2 lety

    Wow.
    Nothing last for ever. Imagine this.💯 God is the greatest. No country will control the world for ever. Powers will change and no man can stop it. One day it will get to African country. Insha Allah🤲

  • @Name-kd5jj
    @Name-kd5jj Před 3 lety +9

    Its all just monopoly money at this point.

  • @058279941
    @058279941 Před 3 lety +7

    The US is Nowhere near Japan when in comes to printing money. Meaning, This so-called Bubble can go on for at least 50 years. That's Plenty of time to invest.

  • @amandawaite2011
    @amandawaite2011 Před 2 lety

    Money is the root of all evil! This guy is a mamon slaying Saint! He'll take you to the bottom of the financial rabbit hole and show you show you its all just smoke and mirrors! With such wit and panache definitely scores an 11/10. Pure brilliance! Live and learn folks! live and learn!

  • @atenas80525
    @atenas80525 Před 2 lety +1

    American history has seen a downturn every 8-12 years - why should now be any different?

  • @revparisking
    @revparisking Před 3 lety +3

    I have to say, I love your videos. It's great to listen to someone else put there who likes to talk about macro economics and the continued devaluation of the US currency. I try and explain this to people and their eyes cross. This is why, even though as a disabled combat vet uncle Sam pays us very little, I try every month to buy at least 50 bucks in silver while I make sure my wife diversifies her 401k as much as possible. I wish you would do a video explaining the creation on the BRICS alliance and its threat to the American economy. I don't think even 1% of Americans understand the untapped power that can and soon will be wielded by this group. In my opinion anyway.

    • @zonesix3601
      @zonesix3601 Před 2 lety

      But they burned one hundred dollars !!

  • @Rico-bt1yu
    @Rico-bt1yu Před 3 lety +17

    1:09 i hope that footage isnt recent cus my dudes be usin windows vista :(

  • @skiidzman
    @skiidzman Před 3 lety

    The whole world is nuts, all in debt, yet they yell at their citizens if we are in debt. Yee buddy.

  • @phelpsbuysgold7698
    @phelpsbuysgold7698 Před 2 lety

    I discovered your channel just yesterday. Ive watched several now and subscribed. Truly great presentations. Terrific objective information, without hyperbolic sensationalism.

  • @rajvinder89
    @rajvinder89 Před 3 lety +8

    This should be obvious, but don't keep large amounts of your net worth in dollars right now. If a collapse happens you would fare much better if you have money tied up in tangible assets like Gold, Silver, Real Estate etc.

    • @bodhixxx1
      @bodhixxx1 Před 3 lety +2

      they are going to drop the hammer on us peasants you will own nothing

    • @rickgriffin1429
      @rickgriffin1429 Před 3 lety +2

      @@bodhixxx1 Truer words never spoken!

    • @bodhixxx1
      @bodhixxx1 Před 3 lety +3

      @@rickgriffin1429 keep your AR on your person during these times

    • @hemiedwards217
      @hemiedwards217 Před 3 lety +3

      The value of everything will go to zero if there is an economic collapse. lol. Everyone uses the dollar as a proxy for value. There's nothing else you can use as a general means of payment in the United States.
      And it's easier to say the dollar's value is falling, but against what? It's higher against both the Yen and the Euro. .

    • @shoshi06
      @shoshi06 Před 3 lety

      @@bodhixxx1 what is AR?

  • @jamesrobison3
    @jamesrobison3 Před 3 lety +4

    I have a 50 trillion dollar Zimbabwe note, hey it worth about 50.00 on ebay. I bought it several years ago for about 3or 4 dollars. Wish I bought about a hundred.

    • @roz5307
      @roz5307 Před 3 lety

      I've got Zimbabwe dollar notes from before the crash. Wonder how much that's worth now?

    • @jamesrobison3
      @jamesrobison3 Před 3 lety +1

      @@roz5307 look on ebay

  • @TheTmieBandit
    @TheTmieBandit Před 3 lety +2

    y'all ever get that feeling? you know the one, like you're living on top of a volcano...

  • @dougclick2850
    @dougclick2850 Před 3 lety

    Over printing will destroy our system. We will not out grow the printing. Too many variables. We have painted ourselves into a corner.

  • @morg444
    @morg444 Před 3 lety +12

    You completely ignored that the USD is the default currency of the world, and there is almost unlimited demand for US debt. Also with interest rates at zero, they can print money without any impact....

    • @johnsmith-kc5hl
      @johnsmith-kc5hl Před 3 lety +7

      Printing money and devaluing your currency (vs gold, commodities, land) messes up economic growth. Since the early 2000's, the US has grown very slowly and median incomes have stagnated. In contrast, between 1981-2001, the Fed kept rates much higher and the real economy did very well.
      There is a reason why the currencies used to be tied to gold. Money needs to mean something. If the Fed can create a trillion dollars out of thin air, does that means a trillion dollars worth of food was just created as well? Or a trillion dollars of oil was just found? No. It just means the price of everything will go up faster than it would have had the trillion paper dollars not been circulated in the economy.
      If printing money has no impact, why doesn't the government allow all US citizens to print their own money?

    • @harryjessen
      @harryjessen Před 3 lety +2

      When other countries don't trust US and the dollar, then the dollar will disappear as reserve money and a other or some other currencies will take the place.

    • @SG-tx1fz
      @SG-tx1fz Před 3 lety

      Yes but actually no

    • @YouReadMyName
      @YouReadMyName Před 3 lety +5

      There's no "unlimited" demand for US debt. No one is buying treasuries anymore except the Fed, which is why they're printing money to buy treasuries in the first place. They didn't need to print money to buy treasuries before because other countries brought them, now other countries are refusing to buy because they see that the treasuries are bad investments at 0% interest rates. Which is why the Fed keeps trying to raise interest rates, but also keeps retreating as soon as the market starts crashing. A market crash will mean that no one will invest in US stocks any more, all that outflow of cash will cause hyperinflation and make treasuries an even worst investment and accelerate the collapse.

    • @farhan3296
      @farhan3296 Před 3 lety +3

      lol that is some delusion mate. try following Asia based news outlet for a change. The sentiment around USD is changing rapidly, not in the direction that you believe.

  • @dothex4919
    @dothex4919 Před 3 lety +21

    At the end of every video, it's like: wtf was the point again?
    Just wild doom and gloom speculation...

    • @williamhewitt7791
      @williamhewitt7791 Před 3 lety +5

      Couldn't agree more. None of it's actionable. Just paranoia building.

    • @jakenicholaides3214
      @jakenicholaides3214 Před 3 lety +4

      Don't be stupid. If you've got sense you'll put your money in a house or similar asset etc, inflation has and will continue regardless of this video. He's making a very real point if you think he's just theorising you're a fool.

    • @williamhewitt7791
      @williamhewitt7791 Před 3 lety +1

      Yes you should put you're money into an investment XD What does that have to do with being a fool?

  • @ralexander9495
    @ralexander9495 Před 3 lety +1

    I remember clear as day Christmastime 2018. QE3 was 'expiring', the Fed balance sheet had started to shrink, stocks were falling rapidly, and I thought "Finally, it's here, another chance to buy assets at rational prices." How foolish I was...

  • @michaelthomas5433
    @michaelthomas5433 Před 3 lety +1

    Stock markets have ceased to reliably represent either actual value or actual assets.

  • @Michael-qu9wb
    @Michael-qu9wb Před 3 lety +5

    Although I think this is mostly a good video, I also think that a few things you mentioned were a bit misleading or wrong:
    1. You didn't mention that one reason the federal reserve kept printing money was because after the 2008 recession was because it wanted to try to keep and maintain inflation around 2%, it wasn't just to keep investors and markets happy. This is also seen in countries like Japan, who have increased their money supply far more than the US over the years in order to have a low, stable inflation rate (or prevent deflation in Japan's case)
    2. Yes printing all that money devalued the currency, but since inflation was quite low and other countries were adopting similar policies, the US dollar has remained a fairly strong currency in the international market. Comparing the rises in the US stock market to that in Zimbabwe is very misleading. In 2020, the one in Zimbabwe was caused by printing way too much money with no counterbalance and having a ridiculous inflation rate as you said. However, the one in the US was mainly caused by people having lots of savings with not much else to spend it on since most places were closed, combined with low interest rates since it made saving it in a bank pointless. There was also the fact that quantitative easing meant that some (financial) institutions had lots of cash to invest with. Yes there were other things as well, but it was mostly due to demand, not the Federal reserve devaluing the currency and artificially inflating the stock market like what happened in Zimbabwe. Blaming it all on inflation and money printing and ignoring the market forces of demand and supply is a big mistake.
    3. I agree that it's not certain whether there's a bubble in the stock market right now. Although many stocks/stock indexes are very high or overvalued at the moment since most are not making a profit or producing anything right now as the economy hasn't fully reopened yet, I don't see the stock market collapsing in the near future. This is not because of money printing, but because economic growth in the US is predicted to be around 6% for the next few years, with low interest rates, and there is a lot of investor confidence. It may not increase as dramatically as we saw in 2020 but I don't think the market will collapse.
    4. (Hyper)inflation has led to the collapse of nations and economies in the past, but saying that the inflation experienced in developed countries today will bring about that sort of collapse is just silly.
    5. I don't think the US dollar is going to lose its status as the world's reserve currency any time soon. The US is still the world's biggest economy (by real GDP), and the US dollar is still the main currency used for international trade and commodities (notably oil). I believe the potential of a reserve currency is denoted by its stability and how useful/used it is internationally, not how strong it is compared to other countries' currencies. As countries such as China and Japan (as you mentioned) grow bigger and become more interconnected it's not surprising that the US dollar might not be able to maintain its dominance forever; but I can't see it losing its status soon, especially with its economy and influence coming back after the pandemic.
    This is my personal opinion of events in the video, I don't expect everyone to agree with this. But I think this video was too focused on the perception of the economy through the stock market and on inflation/devaluation, to the point where it started to ignore other economic factors.

  • @danielxmiller
    @danielxmiller Před 3 lety +28

    What a great time to be alive 😊

    • @lareemcra347
      @lareemcra347 Před 3 lety

      Here is a couple of real examples. My neighbor lady had her roof replaced 7 years ago, cost $6,712. The same company just quoted me $21,500 for the same job. That is partly because of material shortages due to the pandemic. That same lady has spent a small fortune putting in a greenhouse and raised bed veggie gardens. She is either crazy, or crazy like a fox. She said we could have enough of what she grows to survive. I'm thinking maybe I get a couple pigs, some chickens, and a few rabbit traps.

    • @viking670
      @viking670 Před 3 lety +3

      @@lareemcra347 That lady isn't crazy at all because she sees what lies ahead, the biggest economic crash of all time followed by hyperinflation supply shortages and mass starvation !

    • @ziontrumpet3343
      @ziontrumpet3343 Před 3 lety

      @@lareemcra347 Will governments allow people to be independent enough to grow their own crops and raise their own farms? I think it is better to invest into food(s) that store a few years and replace as you eat it. If one has that, then working on a side project, as you mention is a good back-up plan.

    • @lareemcra347
      @lareemcra347 Před 3 lety

      @@ziontrumpet3343 I really think the only way the globalists can go wrong is to push too hard and trigger some kind of real resistance. If they just ease on into it the boomers and even a few my age (79) could live to see the cancer that is Ca. and NY spread across America with AOC as the leader (Harris has flamed out, not crazy enough). The younger generations have been groomed for it and with most all of every kind of media, Hollywood, pro sports, law enforcement, SCOTUS, Twitter and FB, late nighters like Colbert and the like, all pushing their brave new world it's about all they have to look at. A few states may try to secede if the transition to socialism gets too fast but they will likely fail. The left is organized, dedicated, and well funded. The right is the opposite of that. It will be like shooting fish in a barrel.

    • @ryanjohnson4515
      @ryanjohnson4515 Před 3 lety

      @@lareemcra347 That is not going to happen unless the US changes its political system. Once a Republican gets elected or they control either the House/Senate, these full-blown socialist ideas will be halted. Yes inflation is here for the time being and we need to alter our approaches due to climate change. However, I believe this video and message is very overblown.

  • @KotomiP
    @KotomiP Před 3 lety

    The main problem is that in the past decade or so, its not just USD that is printing non stop, look at EUR, GBP, CHF, JPY, HKD, KRW, AUD, NZD, SGD, CNY all the major currencies, they are trying to keep 'afloat' compared to USD in order not to get their currency too expensive, as it would then reduce their exports and tourism.

  • @Nystromj1
    @Nystromj1 Před 3 lety +1

    Currency devaluation, has been happening in front of our noses for awhile now. But, since all fiat prices are compared to one another, it has hidden the underlying fact that all fiat currencies have been declining in value! What we see as overpriced stocks and real estate markets, rising prices of goods and services, are at least partially reflecting the underlying decline of Federal Reserve Notes!